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Elon Musk Teases New EV Concept, Rivian Gets Going, Nio Powers Up, Faraday Future Continues Dream Run And More: Week's Top News From EV Industry

Benzinga Real-time News ·  Jul 9, 2022 12:08

Electric vehicle stocks advanced in the week ending July 8, thanks to positive broader market sentiment and some encouraging company-specific news. Market leaderTesla, Inc.(NASDAQ:TSLA) closed above the $750 level andRivian Automotive, Inc.(NASDAQ:RIVN) also advanced solidly.

Here are the key events that happened in the EV space during the week:

Tesla Amid Abounding News Flow: Tesla's resilience came to the fore as the company  reported record June sales in China.  After an anemic performance in April, when Giga Shanghai was shut down for about three weeks, the company came back strongly in May and hit...

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